lifecontingencies (version 0.0.6)

probs2lifetable: Function to create lifetable object given one given probabilities

Description

This function returns a newly created lifetable object given either survival or death (one year) probabilities)

Usage

probs2lifetable(probs, radix = 10000, type = "px", name = "ungiven")

Arguments

probs

A real valued vector representing either survival or death (one year) probabilities. The last value must be either 1 or 0, depending if it represent death or survival probabilities respectively.

radix

The radix of the life table.

type

Character value either "px" or "qx" indicating how probabilities must be interpreted.

name

The character value to be put in the corresponding slot of returned object

Value

• A lifetable object.

Warning

The function is provided as is, without any guarantee regarding the accuracy of calculation. We disclaim any liability for eventual losses arising from direct or indirect use of this software.

Details

The omega value is the length of the probs vector.

References

Actuarial Mathematics (Second Edition), 1997, by Bowers, N.L., Gerber, H.U., Hickman, J.C., Jones, D.A. and Nesbitt, C.J.

See Also

actuarialtable

Examples

fakeSurvivalProbs=seq(0.9,0,by=-0.1)
newTable=probs2lifetable(fakeSurvivalProbs,type="px",name="fake")
head(newTable)
tail(newTable)